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The building is currently 100% occupied with an average remaining lease term of 7.4 years and in-place triple net rent levels amongst the highest in the Baltimore market, according to the REIT.
Tampa posted a cost of living index of 89.7 during the first quarter of 2019, which was a slight decline from the first quarter of 2018 when its cost of living index registered at 90.1.
The firm reports that Ruggiero will lead a newly created client solutions and product specialist team within its real estate operations. Pattison has been appointed global head of real estate research and strategy at MetLife Investment Management.
The company's growth in the past year and the tight office market in Evanston made expansion difficult in that market. The move consolidates Opex Analytics' operations under one roof, company officials explain.
The largest recent transaction was with Silversmith Capital Partners, which signed a 26,000-square-foot lease at the 272,000-square-foot office building.
In his new role with NAP, he will be responsible for design, engineering, permitting, approvals, construction and management of the multi-phased Riverton program, a $2.5-billion, 5 million-square-foot mixed-use development on 400 acres on the Raritan River in Sayreville.
Santa Clara Square office tenants and visitors can eliminate any pick-up/drop-off location guesswork by going to the numbered RideStop sign (RideStop Santa Clara Square 4) that matches Lyft apps.
Due to Cytracom's rapid growth and plans to increase its workforce by 30%, it is tripling its space at AllenPlace I, which will soon span 11,870 square feet.